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META

Meta Platforms, Inc.Close $593.87EOD only
Max Pain
$610.00
Next expiry Jul 31, 2026
Expected Move
±$49.00
8.3% from close
Price Gap
+16.13
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.46
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Jul 27, 2026 close
End-of-day snapshot

This page reflects META options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 27, 2026 close
META Theta Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 12, 2026. A newer theta report is available for June 29, 2026.

View latest report

Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: Wait
Invalidation: Spot breaks below $537 or above $578
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.8% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
Avg IV 54.4% vs VIX 17.7, elevated ~200%
Favorable?
No

Term structure: Term structure flat beyond 0DTE, no event skew

📈Bullish flow: put/call ratio 0.46
💰Dealer gamma +$154K, supports pinning
⚠️Extreme call skew 112% vs put 63%, risk selling calls

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Pinning ($+154K)

OI concentrations: OI concentrated at $578, $582, $585 max pain

Verdict: Multiple pinning levels near spot; dealer gamma positive

Premium Opportunities

#1
Put credit spread
Sell 2026-06-18 $535.00/$530.00 put spread
Sell put spread to capture post-earnings IV crush with bullish bias.
Credit: $0.35-$0.42
Max loss: $4.58
BE: $534.58
Mgmt: Close at 50% max gain or before earnings.

Risk Alerts

!0DTE extreme skew: call IV 112%, put 63%
!Spot below max pain $578, may drift down
!Multiple expirations this week increase gamma risk
How to Use These Reports
This theta reflects the market close on June 12, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.